Textbook Notes (369,133)
Canada (162,403)
MGTA01H3 (583)
Chapter 7

Chapter 7 Notes

3 Pages
81 Views

Department
Management (MGT)
Course Code
MGTA01H3
Professor
Chris Bovaird

This preview shows page 1. Sign up to view the full 3 pages of the document.
Description
Chapter 7 Notes: Managers and Managing The Management Process Management: The process of planning, organizing, leading, and controlling a business financial, physical, human and information resources in order to achieve its goals Managers job: Planning, Organizing, Leading and Controlling Planning That portion of a managers job concerned with determining what the business needs to do and the best way to achieve it 5 Basic Steps for Planning Process 1.) Goals are established for the organization 2.) Managers identify whether a gap exists between goal and actual position 3.) Managers develop plans to achieve the goal (HOW to get there) 4.) Convert planning into action 5.) Assess the effectiveness of the plan Organizing That portion of a managers job concerned with mobilizing the necessary resources to complete a particular task. Leading That portion of a managers job concerned with guiding and motivating employees to met the firms objectives Eg Give orders. Teaching and demonstrating, leading by example Controlling That portion of a ma
More Less
Unlock Document

Only page 1 are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit